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GAP system encouraged for export in Myanmar

The department of agriculture is implementing growing of vegetables and culinary crops such as rice, beans, pulses and corn using a Good Agricultural Practices (GAP) system in some States and Regions which could help Myanmar’s agricultural industry better access export markets. Coffee grown with the GAP system enters international market successfully. In order to export […]

Great Hor Kham expands into hydropower, prepares for YSX listing

U Sai Ohn Myint, chair of the board of directors of Great Hor Kham Public Company, which will list on the Yangon Stock Exchange this year, isn’t too worried about trading volumes on the local bourse, which have all but collapsed since opening for business in early 2016. “I think investors will be able to […]

Support is better than protection, government’s new economic policy

“Our government will not give favour to anyone and there will be no discrimination. We will give all Myanmar nationals equal opportunity.” Union Minister of Planning and Finance Kyaw Win said at a meeting held at Union of Myanmar Federation of Chamber of Commerce and Industry (UMFCCI) on 13 June, the meeting was held for […]

New export strategy puts spotlight on rice, EU market

Myanmar is aiming to revive its status as a major rice exporter with a new national export strategy that puts the grain at the top of the list and targets the European Union as a prime market. The five-year strategy was unveiled on September 3 at a gathering of business leaders at the Yangon office […]

Myanmar’s rice revival uncertain

Scant stocks, weak demand dent Myanmar’s hopes of rice revival. Shrinking global demand, poor infrastructure and hesitant investors could leave Myanmar far short of its rice export target this year, dealing a blow to its ambitions of competing with the world’s top shippers of the grain. Industry experts and government officials say the 3 million-tonne […]

DuPont sets sights on Myanmar agriculture

DuPont, the Delaware-based chemical company, will start providing agricultural assistance to Myanmar in the fourth quarter after it opens its first office in the country. Rajeev Vaidya, DuPont’s president for Asean and South Asia, said once the office is set up, products can be distributed to farmers right away such as crop protection chemicals and […]